• Like
Upcoming SlideShare
Loading in...5
Uploaded on

Why GoPro popped today.

Why GoPro popped today.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads


Total Views
On Slideshare
From Embeds
Number of Embeds



Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

    No notes for slide


  • 1. Why GoPro Inc Stock Popped Today
  • 2. What: • Shares of GoPro were looking flashy once again today, rising as much as 13%, thanks to bullish coverage initiated by JMP Securities . Source: company website
  • 3. So what: • JMP slapped s $60 price target on the wearable-camera maker, saying that it is just beginning to take advantage of the many opportunities in an industry it estimates to be worth $70 billion. Source: Wikipedia
  • 4. So what: • In addition to revenue from camera sales, GoPro brings in income from advertising on its YouTube channel, and has just begun expanding its advertising capabilities through other platforms. Source: Wikimedia Commons
  • 5. So what: • Alex Gauna, the JMP analyst, said its “first mover and financial advantages” will allow it to capitalize on “opportunities to monetize its technology and brand.” Source: Wikipedia
  • 6. Now what: • GoPro shares have been on a wild ride since its IPO a few weeks ago, surging from its $24 initial price to close to $50, before falling back below $40. Source: Wikimedia Commons
  • 7. Now what: • Still, the run-up seems deserved as the high- performance camera is the clear leader in its industry with over 90% market share, and is often used for extreme sports like surfing or skydiving. Source: Flickr
  • 8. • Unlike many tech IPO’s, the company is also profitable with $60 million in net income in 2013. First-quarter net income slowed this year, however, worrying investors. Source: Flickr
  • 9. Now what: • With nearly 4 million cameras sold last year, the question for GoPro is can it go beyond being a niche product and bring in both new customers and enough ad revenue to justify its valuation. Source: Company website
  • 10. Leaked: Apple’s next smart device (warning it may shock you)